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Property profile & analytics
OFF-MARKET
Estimated value
$755,000
Turn key restaurants
151 500th E Salt Lake City, UT 84102-1906
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US86-0576466
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1995
Construction
WOOD FRAME
Total area
10,220 SF
Lot
1.02 ac (44,431 SF)
Zoning code
RMF 45
APN
16-06-228-033
UPID
US86-0576466
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Oasis Cafe Restaurant
-
Golden Braid Books (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$590k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$922k
Blend (final)
Blend
$755k
Owner & transaction history
Oasis Cafe INC · 3 yrs held
Oasis Cafe INC
since 2022
7 recorded transactions
Zoning & alternative use
RMF 45 · Salt Lake City, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.2M
+1.4%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Salt Lake City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salt Lake City submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$590,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,180,000
Current use
RETAIL STORES
$1,195,000
Change: +1% · Conversion: Easy
Blend value · Realmo final
$755k
Range $680k – $831k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$74 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$33,143
Tax year 2023
Assessed value
$3,352,500
Assessed 2023
Previous assessed
$3,352,500
+0.0% YoY
Effective rate
0.99%
On assessed value
Assessed land
$1,433,200
Assessed improvement
$1,919,300
Land market value
$1,433,200
Improvement market value
$1,919,300
Total market value
$3,352,500
Applied tax rate
13.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1995
Construction
WOOD FRAME
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Total area
10,220 SF
Lot
1.02 ac (44,431 SF)
Zoning code
RMF 45
APN
16-06-228-033
UPID
US86-0576466
Jurisdiction
SALT LAKE
Zoning & alternative use
RMF 45 · Salt Lake City, UT
Zoning RMF 45 · permitted uses
RMF 45 · Salt Lake City, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Salt Lake City. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$1.2M
RETAIL STORES
Est. value
$1.2M
RESTAURANT Current
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1995
Construction
WOOD FRAME
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
1.02 ac
Current owner
From public records · entity-resolved
Oasis Cafe INC
Entity
Mailing address
151 S 500TH E, SALT LAKE CITY, UT 84102-1906
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 3, 2022
—
Oasis Cafe INC
Gboa LLC
Lease
$1,653,000 · Mountain West Small Business Finance
May 12, 2022
—
Gboa LLC
Golden Braid Oasis LLC
Warranty Deed
$2,000,000 · Washington Federal NA
Aug 30, 2016
—
Golden Braid Oasis LLC
—
Deed
related
$1,900,000 · Keybank USA
Jan 2, 2002
—
Golden Braid Oasis LLC
Golden Braid Lc
Quit Claim Deed
related
$2,155,000 · Bank Of American Fork
—
—
Golden Braid Oasis LLC
—
Deed Of Trust
related
$1,100,000 · Keybank USA
—
—
Golden Braid Oasis LLC
—
Deed Of Trust
related
$1,900,000 · Keybank USA
—
—
Golden Braid Oasis LLC
—
Deed Of Trust
related
$827,000 · Greater Salt Lake Business Dis
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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